The Nervos Network describes itself as a public, open source blockchain ecosystem and protocol suite.
Contents:
- Description of the Nervos Network project
- Features and tools of the project
- Security of Nervos Network
- Where to buy CKB and CKByte tokens?
Description of the Nervos Network project
Nervos CKB (Common Knowledge Base) — a public layer 1 blockchain protocol of the platform that proves work. It aims to capture the total value of the network through its “store of value” crypto-economic design and native CKByte token.
A team with a vision for a better future and a mission to create a truly interoperable decentralized world of networks and enterprises:
- Terry Tai;
- Kevin Wang;
- Daniel Lv;
Features and tools of the project
Early Internet applications lived on separate networks, requiring different ways to access and interact. In today's decentralized world, developers are again seeing this division into different ecosystems with poor interoperability. Nervos Network solves this problem by offering a set of integrated solutions that allow the developer to create universal applications.
Key decisions:
| 1 | Access to any asset, any blockchain |
| 2 | Manage dapps from any wallet or app |
| 3 | Program with flexibility, transfer dApps from anywhere |
| 4 | Later 2 solutions for smooth scaling |
The protocol has unlimited flexibility and scalability thanks to built-in working layer 2 solutions on top of the powerful Nervos CKB blockchain.
Security of Nervos Network
Optimized Nakamoto consensus, secured with ASIC Proof-of-Work for maximum security and decentralization. It reportedly allows any crypto-assets to be stored with the security, immutability and unrestricted nature of bitcoin, while enabling smart contracts and Layer 2 scaling.
Where to buy CKB and CKByte tokens?
For the functioning of the ecosystem, the use of two different tokens is provided: Nervos CKB and Common Knowledge Byte (CKByte). The first token is used for trading on exchanges, investing in a project and selling. The second - a utility token, only used within the Nervos network. If you want to know where to buy CKB tokens, the top cryptocurrency exchanges for trading Nervos Network shares are currently:
- Mandala Exchange;
- Binance;
- CoinTiger;
- Huobi Globa;
- KuCoin;
Owners can use their tokens to store or transfer their powers to others. A cost is created proportional to disk space and time - if the owner uses their cell's capacity to store state, they will incur the opportunity cost of their potential revenue from lending capacity. They will also waive secondary issuance rewards from NervosDAO.